Brokerages Set Eni SpA (ENI) PT at $18.18
Eni SpA (ETR:ENI) has been given a consensus rating of “Buy” by the eighteen analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is €18.18 ($21.14).
ENI has been the subject of a number of recent analyst reports. Berenberg Bank set a €17.60 ($20.47) price objective on shares of ENI and gave the company a “buy” rating in a report on Friday, February 15th. Credit Suisse Group set a €19.50 ($22.67) price objective on shares of ENI and gave the company a “buy” rating in a report on Tuesday, December 25th. Goldman Sachs Group set a €20.00 ($23.26) price objective on shares of ENI and gave the company a “buy” rating in a report on Friday, March 15th. Royal Bank of Canada set a €18.50 ($21.51) price objective on shares of ENI and gave the company a “neutral” rating in a report on Monday, March 18th. Finally, UBS Group set a €17.50 ($20.35) price objective on shares of ENI and gave the company a “buy” rating in a report on Monday, March 18th.
Shares of ENI stock remained flat at $€15.43 ($17.94) during trading on Monday. 6,683 shares of the company traded hands, compared to its average volume of 27,056. The company has a current ratio of 1.40, a quick ratio of 1.14 and a debt-to-equity ratio of 50.64. ENI has a 12-month low of €13.48 ($15.67) and a 12-month high of €16.90 ($19.65). The stock has a market capitalization of $56.17 billion and a PE ratio of 13.46.
Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 43 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Oman, and the United Arab Emirates.
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